Stock Market & Financial Investment News

Whiting Petroleum cancels plans for sale, WSJ reportsEarlier this year, Whiting Petroleum Corp. (WLL) had considered selling itself, but ultimately decided against it after buyers balked over the asking price, according to sources, the Wall Street Journal reports. Reference Link

Whiting Petroleum volatility elevated into Q4 and outlook Whiting Petroleum March call option implied volatility is at 78, April is at 69, May is at 80; compared to its 26-week average of 47 according to Track Data, suggesting larger near term price movement into the expected release of Q4 results after the market close today.